$289,900
Fully occupied 6 plex in Columbia City close to downtown. All units are 1 bedroom units with 4 ground floor apartments and 2 upstairs apartments. There are about 6+ parking spots available on site on the large 75' X150' lot. All leases have just been signed for a 1 year term. There are some long term tenants and rents are considered to be very affordable with upside potential at the end of the 1 year term. 5 units rent for $525 per month, unit 210 at $500. There are 6 electric meters and 4 gas meters and 1 water meter. Tenants pay gas and electric. Landlord pays water, sewer and trash per owner-water, sewer and trash about $380 per month.
US 30 W. to SR 205, Left on SR 205 (Line St) to property on the left
MLS # | 202505826 |
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Date Listed | 2025-02-21 |
Status | Pending |
Property Type | Investment |
Property SubType | Sixplex |
Finished Square Feet | 3754 sqft |
Total Square Feet | 5046 sqft |
New Construction | No |
Style | Two Story |
Type | Sixplex |
Basement | Yes |
Bedrooms | 6 |
Bathrooms | 6 |
Annual Taxes | $2,000.00 |
Year Taxes Payable | 2025 |
Year Built | 1910 |
Virtual Tour | propertypanorama.com » |
Days on Market | 39 |
Family Room | 525 × 525 | Level |
Kitchen | 500 × 525 | Level |
4th Bedroom | 6 × 4 | Level |
5th Bedroom | 6 × 6 | Level |
Full Baths | 6 Main |
Construction | Sixplex |
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Lot Size | 11,250 sq ft |
Acreage | 0.26 Acres |
Lot Dimensions | 75x150 |
Out Buildings | Shed |
Fence | None |
Area | Whitley County |
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County | Whitley |
Subdivision | None |
Township | Columbia |
City | Columbia City |
State | IN |
Zip | 46725 |
School District | Whitley CO Cons Schools |
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Elementary | Mary Raber |
Middle School | Indian Springs |
High School | Columbia City |
Assoc. Dues | $0.00 Not Applicable |
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Assoc. Restrictions | No |
MLS# 202505826
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Gregory Fahl
Orizon Real Estate, Inc.
Off: 260-248-8961
Listing updated April 1, 2025 at 12:15 pm
Last checked 13 minutes ago